Private Property and the Economic Teachings of the Early Church Fathers

On Morality, Human Behaviour, and Economics, ed. S. Kamall & J. Castaneda. Vinson Centre (forthcoming)

17 Pages Posted: 12 Dec 2025

See all articles by Billy Christmas

Billy Christmas

West Virginia University - College of Business & Economics; New York University, School of Law

Date Written: December 09, 2025

Abstract

The economic teachings of the early Church Fathers unequivocally encourage and command the rich to give their wealth to poor. Their words are rich and edifying; and in the Eastern Orthodox Church, they carry authority. It is tempting, from our modern political context, to take them to imply that Divine justice requires the redistribution of wealth across society, and radical reform of the legal and economic systems we live under to ensure that there be no vast inequality between the economic standing of members of society-perhaps even the abolition of private property. This chapter outlines and contextualise the teachings found in the homilies of St. Basil the Great and St. John Chrysostom, and argues that they call for no particular political programme of economic reform or revolution. Rather, they take for granted a legal system of property rights, and make commands upon individuals based upon how they fare within that system. There is no case for the abolition of private property to be found in these teachings.

Keywords: Patristrics, Private Property

Suggested Citation

Christmas, Billy, Private Property and the Economic Teachings of the Early Church Fathers (December 09, 2025). On Morality, Human Behaviour, and Economics, ed. S. Kamall & J. Castaneda. Vinson Centre (forthcoming), Available at SSRN: https://ssrn.com/abstract=5893902 or http://dx.doi.org/10.2139/ssrn.5893902

Billy Christmas (Contact Author)

West Virginia University - College of Business & Economics ( email )

P.O. Box 6025
Morgantown, WV 26506
United States

New York University, School of Law ( email )

Washington Square South
New York City, NY 10012
United States

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